East Asia and Pacific remains the world’s growth engine despite a challenging external environment, with developing economies growing by 7.2% in 2013. The proportion of people living in poverty in the region has steadily declined—less than 10% of the population lives on $1.25 a day—but much more needs to be done as there are still close to half a billion people living on $2 a day.
Read More »
In Myanmar, people spend more than 60% of their income on food. A majority of those in rural areas live close to the poverty line and are at high risk of falling into poverty whenever rice prices fluctuate.Read More »